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Predictive Analytics Model

oboloo Glossary

Predictive Analytics Model

Predictive analytics models are a set of mathematical equations and algorithms that enable organizations to predict potential outcomes and future trends based on data from the past. Through machine learning and statistical modeling, predictive analytics helps businesses make more informed decisions, develop efficient strategies, and optimize resources. With predictive analytics, organizations can accurately anticipate consumer behavior or market trends, providing an edge in staying competitive and growing in the digital era.

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